PatriciaV
Expert Alumni

Get your taxes done using TurboTax

The information reported on Schedule K-1 Box 20 Code AJ will be used only if your net losses from all businesses are more than $289,000 ($578,000 if filing a joint return). 

 

If that applies to you and you need to enter this manually, you will need to use Forms Mode (available only in the desktop versions of TurboTax). You may also need to manually complete the related Form 461.

 

See also: 

@eshemesh 

@Do_It_Myself 

@Lalo86 

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